ROUND ROCK - Gramercy Property Trust has acquired the Round Rock Distribution Center from Sysco Corp. for $28.8 million, or about $144 per sf.
The industrial building, which was delivered in 2010, totals 200,400 sf and is located at 101 Chisholm Trail.
The building will eventually be occupied by ProPortion Foods, which will hire 400 full-time positions as well as invest at least $13 million in renovation and equipment in the facility, formerly occupied by food distributor Sysco.
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